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BSE   24 Oct 16 | 04:01 PM

84.70 0.8 (0.95%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 502742
Face Value: N.A.

NSE   24 Oct 16 | 03:57 PM

84.85 0.95 (1.13%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 81.15 (4.37%)
1 Month : Rs 86.45 (-2.02%)
1 Year : Rs 98.95 (-14.40%)
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Sintex Ind hits 3-yr low on weak Q4 earnings

SI Reporter / Mumbai 11 May 12 | 11:00 AM

Sintex Industries is trading lower by 3% at Rs 59, after reporting 46% year-on-year (y-o-y) fall in its consolidated net profit at Rs 91 crore for the fourth quarter of FY12. Total income too, declined 31% at Rs 1,015 crore on y-o-y basis, the plastic products manufacturer said in a filing.

EBITDA (earnings before interest, taxes, depreciation, and amortization) has fallen 43% to Rs 172 crore from Rs 300 crore during the same period. Operating profit margins declined almost 400 bps to 16.94% from 20.54% during the recently concluded quarter.

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The stock opened at Rs 60.50 and hit a three-year low of Rs 58.30 on the Bombay Stock Exchange. A combined 2.99 million shares have changed hands on the counter in early noon trades on both the exchanges.

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